First Trust Preferred Securities and Income ETF
27 hedge funds and large institutions have $38.3M invested in First Trust Preferred Securities and Income ETF in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 0 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
35% more capital invested
Capital invested by funds: $28.4M → $38.3M (+$9.9M)
23% more funds holding
Funds holding: 22 → 27 (+5)
3.21% more ownership
Funds ownership: 43.99% → 47.2% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.78M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.32M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$813K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$354K |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$61.3K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$5.34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $4K | – | – | – |
|
|
FBT
27
Founders Bank & Trust
Grand Rapids,
Michigan
| $2K | – | – | – |
|
FPE Hedge Fund Activity: Q3 2014 in Review
27 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2014, worth a combined $38.3M — up 35% from $28.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FPE positions and 0 closed out — a net gain of 5 holders — while 11 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.78M. The largest seller was Old National Bancorp, cutting an estimated $61.3K.
- 27 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2014, up from 22 in Q2 2014.
- Funds reported $38.3M of First Trust Preferred Securities and Income ETF stock for Q3 2014, up 35% quarter-over-quarter.
- 5 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2014 and 0 closed out, a net change of +5 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q3 2014 was Morgan Stanley, an estimated $6.78M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q3 2014 was Old National Bancorp, an estimated $61.3K sold.
Based on aggregated 13F filings for Q3 2014.